Structural deficit and the cyclical surplus

Assignment Help Macroeconomics
Reference no: EM131159909

If the actual budget deficit is $120 billion, the economy is operating $200 billion above its potential, and the marginal tax rate is 10 percent, what are the structural deficit and the cyclical surplus?

Structural deficit is $_____

Cyclical surplus is $______

Reference no: EM131159909

Questions Cloud

Internal and external forces on organization ability : Discuss the impact of both the identified internal and external forces on the organization's ability to develop a competitive strategy. Recommend one (1) strategy that involves the organization's managers in implementing and maintaining the momentu..
How the organizational - management and administration : Write an 800 to 1,150 word paper in which you identify, compare, and contrast the policing function at the local, state, and federal organizational levels. Analyze how the organizational, management, administration, and operational functions at th..
Standard of living and buying power of the wage earners : Collapse What are the ethical implications of federal minimum wage? Who does it help and who does it harm? Does raising the current level of the minimum wage increase unemployment, drive business away, or harm the very poor? Will a higher minimum wag..
Identify the role of the professionals in the case : Identify the role of the professionals in the case. Indicate the legal ruling and, note any relevant standards applied. The Kelly test (also known as Frye, Frye-Kelly) was used here. Recognize the APA ethical standards and principles violated.
Structural deficit and the cyclical surplus : If the actual budget deficit is $120 billion, the economy is operating $200 billion above its potential, and the marginal tax rate is 10 percent, what are the structural deficit and the cyclical surplus?
Determine the allowable shear to form the beam : Three boards are nailed together to form the beam shown, which is subjected to a vertical shear.
Unemployment by manipulating monetarypolicy : If the Federal Reserve attempts to continue reducing unemployment by manipulating monetarypolicy, which of the following would you expect tosee?
Which relational principle is negatively affecting : Latoya and Martha are friends who live across town. Latoya always seems to be the person to initiate communication. When Latoya decided to let Martha contact her, the phone call never came. Which relational principle is negatively affecting Latoya an..
Which is never a bona fide occupational qualification : Interpreting Congressional intent, which of the following is never a bona fide occupational qualification (BFOQ)? Which of the following is true of the use of alternative dispute resolution (ADR) techniques?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Present a good analysis appropriate

You will choose an industry of interest to you (preferably one you are involved with or plan to be involved with). You will use the tools we developed in class to evaluate the future growth and profitability of this industry by investigating factors ..

  Effect of increasing the federal minimum wage

What is the effect of increasing the federal minimum wage gradually to $15-per-hour by 2020 ? would it substantially increase aggregate output in the US economy?

  What factors (determinants) cause the ad curve to shift

Explain and show graphically how the self-correcting(self-djusting) mechanism works in a recessionary and in an infationary gap. Does the ecoomy have a self-correcting mechanism. What factors (determinants) cause the AD curve to shift

  What should business or organization do for economy growth

Suppose that your business or organization has obtained a reliable growth forecast of the U.S. and local economies for calendar year 2013. Nature of my Business: I run an Automotive Paint Store that sells paint to the Independent Body Shops.

  Compare and contrast the outcomes with respect to price and

Compare and contrast the outcomes with respect to price and output under a monopoly versus a perfectly competitive market. In which situation are consumers better off? Why?

  Describe how an arbitrageur could profit from the situation

Based on the Law of One Price, what is the equilibrium nominal exchange rate between the U.S. dollar and the euro? What is the equilibrium real exchange rate between the U.S. and Europe.Describe how an arbitrageur could profit from this situation.

  Condition of limited resources

What is the term for a condition of limited resources, where society doesn't have sufficient resources to produce enough wants?

  Explain the federal reserves current view about inflation

The Federal Reserve Board testimonies, press releases, monetary policy reports, the Beige Book, and a variety of other publications offer a detailed assessment of current economic activity, financial markets, and the monetary policy tools used to ..

  Do you necessarily want the gray market to cease to exist

A small-volume foreign auto maker limits the number of its franchised dealers in the United States and gives them exclusive territories. There are also non-dealers who have no official connection with the manufacturer.

  Question on first degree price discrimination

Two consumers, Consumer 1 and 2, purchase the same product. Compute the prices that should be charged to each customer if the seller is able to use first degree price discrimination.

  Give difference in household saving rates btwn two countries

Two countries alike in all other respects differ markedly in their provision of social insurance. One country provides old-age retirement pensions, unemployment insurance, and catastrophic illness insurance

  Promoting the competitive market model

Analyze (2) primary economic assumptions and examine their short and long term impacts on promoting the competitive market model in the healthcare environment

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd